S&P 500 sets new record high, NASDAQ highest level since 2000

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With geopolitical fears easing and U.S. economic data suggesting a continuation of the second quarter’s rebound, markets surged — the S&P 500 set a new record high, while the Nasdaq is trading at its highest level since 2000 — though concerns about Russia’s continued involvement in Ukraine flared on Friday to put a bit of a damper on the week. Ten-year Treasury yields traded as low as 2.38%, though finished slightly higher for the period.

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